Dec 5, 2011 News from Europe today shows positive steps towards solving the debt crisis, on the micro and macro level.
Dec 5, 2011 Italian Prime Minister Mario Monti unveiled a firm austerity plan for his country. In the wake of a tempestuous month for leadership, we take a look at accountability, both in Europe and at American universities. Allan Sloan explains the payroll tax cuts, and reporter David Gura spotlights the increasing wealth gap.
Heidi N. Moore
Dec 5, 2011 Merkel and Sarkozy propose amending the European Union treaty to impose budget discipline on spendthrift countries. Will markets be satisfied?
Dec 5, 2011 The leaders of Germany and France met today to figure out a strategy to bail out the Euro. Is it too late?
Dec 5, 2011 The new leader of Italy has announced a plan for tax increases and spending cuts to deal with the ongoing debt crisis in the country
Dec 5, 2011 After months of protest, it appears Italians may finally be ready to work with the government to fix the nation's crumbling economy.
Dec 5, 2011 Belgium, the country with the fifth largest debt load in Europe, has gone without a full-time government for over 500 days. Today, a prime minister was appointed.
Dec 2, 2011 Despite signs the recovery is gaining steam, trouble in the eurozone could sap demand for U.S. exports.
Dec 2, 2011 German Chancellor Angela Merkel today called for a new legally binding set of rules to control spending in all eurozone countries, with harsh fines for any rule-breakers.